Business & Money | Thursday 20 August, 2026 8:00 am

Red Sea Global opens Rosewood AMAALA, expanding its portfolio of luxury resorts

 Red Sea Global (RSG), the regenerative tourism developer, has announced the opening of Rosewood AMAALA, a luxury resort located at Triple Bay on Saudi Arabia’s northwestern Red Sea coast. The opening marks another milestone in the company’s strategy to establish AMAALA as the Kingdom’s...

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Business & Money | Thursday 20 August, 2026 8:00 am

Sport Ministry transfers 25% of top clubs to PIF

Saudi Arabia’s Ministry of Sport said today, Aug. 19, that, after completing the required regulatory procedures, it has begun transferring ownership of shares held by nonprofit entities to the Public Investment Fund. The shares represent 25% of the companies operating four clubs — Al-Ittihad...

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Business & Money | Thursday 20 August, 2026 8:00 am

Cenomi Centers signs 2 agreements with Saudi Downtown

Arabian Centres Co. (Cenomi Centers) signed on Aug. 18 two agreements with Saudi Downtown Co., one of Public Investment Fund's units, according to a statement to Tadawul. The first agreement involves development services for retail and shopping center components of the Al Madinah Downtown ...

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Technology & IT | Wednesday 19 August, 2026 3:48 pm

HONOR Launches Pad X9b Max, Unveiling a New Era of Portable Cinematic Entertainment

Global AI device ecosystem company HONOR announced the HONOR Pad X9b Max, a sleek and powerful large-screen entertainment tablet designed for immersive viewing, all-day performance, and modern productivity. Weighing just 618g with an ultra-slim 6.72mm profile, the HONOR Pad X9b Max masterfully...

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Cars & Autos | Wednesday 19 August, 2026 10:06 am

SOUEAST UAE launches S08 Luxury following the success of the Flagship S08DM

DUBAI, UAE — SOUEAST UAE, exclusively distributed by Elite Group Holding, has announced the launch of the all-new S08 Luxury, building on the remarkable success of the plug-in hybrid S08DM. The new petrol-powered 7-seater SUV reinforces SOUEAST’s commitment to making premium features and...

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Business & Money | Wednesday 19 August, 2026 8:00 am

Aramco, Maaden sign JV deal for mineral exploration, hard-rock mining

Saudi Aramco and Saudi Arabian Mining Co. (Maaden) today, Aug. 18, announced the signing of a shareholders’ agreement to form a joint venture to unlock new opportunities in mineral exploration and hard-rock mining in the Kingdom. The JV will focus on copper and other minerals critical...

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Business & Money | Tuesday 18 August, 2026 4:32 pm

What Should Traders Look for When Comparing Brokers like XM with others in the UAE?

For traders comparing brokers in the UAE, trading technology and market access are important considerations, but they are not the only ones. Regulatory status, transparency, operational experience, the quality of client support and the broker’s approach to serving its clients can also form...

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Culture & Education | Tuesday 18 August, 2026 11:45 am

RIT Dubai launches Bachelor of Science in Computer Engineering

New program equips students with advanced hardware and software skills to meet demand for interdisciplinary talentRochester Institute of Technology (RIT) Dubai has announced the launch of a new Bachelor of Science (BS) in Computer Engineering, to prepare graduates for careers at the forefront of...

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Business & Money | Tuesday 18 August, 2026 8:00 am

Powering UAE's edge: Dubai Customs turns operations into competitive advantage

The 2025 performance results tracked by the 2026 Competitiveness Report reflect the growing reach of customs work in supporting UAE competitiveness, given the direct link between the efficiency of customs procedures and the pace of trade, the resilience of supply chains, the quality of government...

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Business & Money | Tuesday 18 August, 2026 8:00 am

CBUAE issues Financial Stability Report 2025, affirming strength, resilience of UAE financial system

The Central Bank of the UAE (CBUAE) has issued its Financial Stability Report 2025, affirming the strength and resilience of the UAE financial and banking system, supported by the robust performance of the banking sector, adequate capitalisation and liquidity, improved asset quality, and continued...

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